top of page
TOCR Real Estate School

What is a Contingency?

A contingency is a part of the agreement that must be met, otherwise the other party can cancel the contract. For example, a buyer interested in a home may place an offer that is contingent upon the building being cleared by a certified home inspector. If it isn’t cleared, the contingency has not been met and the buyer can negate the agreement.


Considering a career in real estate? Check out our upcoming pre-licensing courses here: tocrres.com/register





6 views2 comments

2 Comments


jerry
jerry
Apr 10, 2023

A business contingency plan outlines your organisation's course of action in the event of substantial or business-critical occurrences that cause you to lose focus on your original goals.


Visit here https://bestconstructionservicesusa.com USA Construction Contractors

Like

Peter Bately
Peter Bately
Apr 06, 2023

A business contingency plan is a strategy for how your company will act in the case of significant or business-critical events that divert your attention from your initial objectives. Visit here https://pestcontrolservicesusa.com Pest Control Companies USA

Like
bottom of page